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Texel to start operations of expanded geosynthetics manufacturing facility in India
September 9th, 2021
Photograph courtesy of Texel Industries Ltd. Texel Industries Ltd. plans to start commercial operations at its expanded facility for geosynthetics products at Kheda, Gujarat, India, by the end of September 2021. The company is investing $4,100,207 (Rs. 29.92 crore) for this expansion and has already deployed $2,018,584 (Rs. 14.73 crore) from internal accruals and borrowings. […]
Lydall acquires Texel
July 12th, 2016
In a press release issued last Friday, Manchester, Conn.-based Lydall Inc. announced that it has acquired Texel, a Canadian nonwoven geotextile company. The release said that Texel, a division of ADS Inc., was purchased for approximately $96 million in cash. The release stated: “The transaction strengthens Lydall’s position as an industry-leading, global provider of filtration […]